December 4, 1988
The newly completed $8.5-million Indiana Business Park at Indiana Avenue and Harrison Street, Riverside, a 152,000-square-foot project of Mat West Co. of Los Angeles, is 20% leased.
July 6, 1986
Landmark Business Park, a master-planned, $10-million office and research and development complex in Fountain Valley, has topped out and is set for completion in August. The developer is Landmark Asset Development Group, Newport Beach; the builder is Davcon Inc., Tustin.
June 19, 1988
A $9-million business park is planned following purchase of 11.1 acres at Palm and Moon Stone streets, Brea, by Investment Building Group of Los Angeles, in partnership with New England Mutual Life Insurance Co. of Boston. Construction is scheduled to begin in July for six light-industrial buildings, ranging in size from 11,600 to 40,000 square feet and covering 7.6 acres of property. An existing building on the site is leased to Ultra Limousine Co.
August 18, 1992 |
Speculative construction was a common real estate strategy during the go-go 1980s. In recent years, however, developing a major project without advance commitments from tenants or buyers has virtually disappeared due to the twin pressures of tight money and the recession. But "spec" construction has returned to Ventura County. Last week, The Sammis Co.
January 30, 2001 |
Commerce Business Park office and industrial complex in Commerce has been acquired by two buyers for an estimated total of $136 million. San Francisco-based AMB Property Corp., a large industrial-oriented real estate investment trust, bought 1.38 million square feet of industrial space, 190,000 square feet of "service center" buildings and 56,000 square feet of office and support retail facilities for an estimated $100 million.